Navigator Elite MVA is a Single Premium, Tax-Deferred, Multi-Year Guarantee Annuity (MYGA). MYGA offers the growth and liquidity to meet your retirement savings needs.
Annuitant’s Actual Issue Age
$10,000 - $1,000,000
IRA including Roth, SEP, Simple, & Traditional.
TSP accepted as a rollover to IRA
Inherited/Beneficiary IRA usually taken as a direct transfer
Penalty-Free Partial Surrender Amount
Beginning in the first year of your Navigator Elite MVA annuity, you may partially surrender (withdraw) up to 10% of your annuity value per contract year without surrender charges or Market Value Adjustment (MVA).
Market Value Adjustment Your Navigator Elite MVA annuity includes a Market Value Adjustment (MVA). This feature allows us to offer a higher guaranteed interest rate on your annuity than a plan without an MVA. This adjustment may increase or decrease the amount you receive, and depends on daily changes in the Constant Maturity Treasury1 (CMT) rates from your contract date. If you do not annuitize, surrender, or withdraw more than the penalty-free amount during the surrender charge period, the MVA will not affect the value of your annuity.